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Class Code Pure Premium
POLICY YEAR | PAYROLL (IN HUNDREDS) ($) | IND LIKELY LOSES | IND NOT-LIKELY LOSSES | MEDICAL LIKELY LOSSES ($) | MEDICAL NOT-LIKELY LOSSES ($) | TOTAL LOSSES ($) | TOTAL PURE PREMIUM ($) | ||
---|---|---|---|---|---|---|---|---|---|
# CASES | AMOUNT ($) | # CASES | AMOUNT ($) | ||||||
2017 | 4,392,320 | 31 | 2,434,978 | 180 | 4,871,474 | 1,811,523 | 4,138,294 | 13,256,269 | 3.02 |
2018 | 4,629,021 | 37 | 3,615,719 | 165 | 5,694,586 | 1,978,835 | 3,198,728 | 14,487,868 | 3.13 |
2019 | 4,942,129 | 39 | 4,065,166 | 159 | 5,213,061 | 2,246,134 | 2,457,804 | 13,982,165 | 2.83 |
2020 | 5,235,817 | 49 | 4,743,802 | 197 | 5,476,319 | 2,512,174 | 2,980,250 | 15,712,545 | 3.00 |
2021 | 6,122,063 | 34 | 2,692,419 | 192 | 5,695,722 | 1,398,751 | 3,111,757 | 12,898,649 | 2.11 |
TOTAL | 25,321,350 | 190 | 17,552,084 | 893 | 26,951,162 | 9,947,417 | 15,886,833 | 70,337,496 | 2.78 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 1.758 | 100 | 1.020 | 2.78 |
PURE PREMIUM UNDERLYING PRESENT RATE | 1.846 | 1.030 | 2.88 | ||
PURE PREMIUM DERIVED BY FORMULA | 1.758 | 1.020 | 2.78 |